Chapter 519 Give up Mengshandu and start the second equity incentive!(2/2)
"Once Monsanto is acquired, it is very likely that it will be in trouble."
This is one of the reasons why Mengshandu chose to sell itself after its acquisition of Xianzhengda failed.
It's just that it can barely hold on inside.
"That's it..."
Zhang Shuo frowned, picked up the investigation report, and flipped through it. His brain was also running at high speed, trying to recall some fragments of information about the follow-up news about Bayer's acquisition of Monsanto in the original time and space.
Then compare it with the investigation report in front of you and try to piece together the truth of some facts.
Something seems not quite right?
The most obvious point is that the report said that Bayer's current market value is US$80 billion, but if Zhang Shuo remembers correctly, a few years later, Bayer's market value will be only about US$60 billion.
It is actually lower than the valuation when it acquired Monsanto.
This means that Bayer's acquisition of Monsanto can be said to be one of the most failed transactions in modern business history. In just a few years, all Monsanto's market value has evaporated.
It's really puzzling.
No, Zhang Shuo didn't understand it before, but after reading the investigation report on Monsanto, he gradually became more aware. It was probably because of Monsanto's lawsuit that Bayer suffered a big fall.
In my memory.
Bayer has paid tens of billions of dollars just to settle the lawsuit over herbicides causing cancer.
It’s simply a huge pit!!!
"So, these two due diligence reports do not support Xianzhengda's participation in the acquisition of Mengsandu?" Zhang Shuo also came to his senses.
I have to admit that I just thought about buying and buying, but ignored the potential risks involved.
"I think so."
Lin Zhengdong obviously does not support the acquisition of Mengsandu.
"That's it..."
Zhang Shuo quickly came up with an idea, "The acquisition of Monsanto should proceed as usual, and we should try our best to show that we are bound to win, but we should not actually carry out the acquisition."
"What I mean, do you understand?"
"clear!"
Lin Zhengdong was so sophisticated, he said with a smile: "This is a great move by the chairman."
"It not only delayed the process of Bayer's acquisition of Monsanto, but also increased the acquisition cost of Bayer's acquisition of Monsanto, and gained enough space and time for the development of Xianzhengda."
"Maybe it can also disrupt Bayer's acquisition of Monsanto in one fell swoop."
"That's what I mean."
Zhang Shuo smiled and nodded, "It is better to reshape the pattern of global agrochemical giants as late as possible."
"Chairman, don't worry, I will communicate with the Dream Fund and make this matter as seamless as possible." Lin Zhengdong also issued a military order.
Once the matter is completed, it will be a major benefit to Lime Agriculture and Xinghai Chemical Industry.
"Um."
Zhang Shuo nodded, obviously very confident in Lin Zhengdong's ability to do things.
"When it comes to the Dream Fund, I just announced something -"
"Just yesterday, Howard, chairman and president of the Dream Fund, contacted me and said that the Dream Fund is raising more funds for investment layout on a global scale."
"It is planned to transfer 10% of the sprout holding shares held by Dream Fund again at a valuation of 3.5 trillion."
In August last year, when Dream Fund transferred 10% of its shares in Sprout, the valuation was still only RMB 2.5 trillion. In just half a year, the valuation of Sprout Holdings increased by another trillion.
certainly--
Such a valuation is still an underestimation for Sprout Holdings.
Needless to say, this was promoted by Zhang Shuo behind the scenes. He originally wanted to use this equity transfer to allow the Dream Fund to raise enough funds to participate in the acquisition of Monsanto.
Although it has been decided not to acquire Monsanto, the funds that need to be raised must continue to be raised.
There are many suitable investment targets in the global market.
More importantly, Zhang Shuo needs to take advantage of the fact that the overall valuation of Bu Ya is still at a "low" stage to dilute the equity held by Dream Fund as much as possible to make Bu Ya's bloodline more pure.
Also avoid letting outsiders gossip.
"Chairman, then, will we still adopt equity repurchase this time?" Lu Kai asked tentatively.
As one of the major shareholders of Sprout, Dream Fund has significantly reduced its stake in Sprout twice in a row in just six months, which is obviously very unusual.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! If this was done in other companies, such as Tengda, the stock price would plummet.
However, given the current development trend of Sprout, the outside world is optimistic about Sprout's future. Dream Fund's reduction of holdings seems a bit short-sighted in the eyes of the investment circle.
It's also too eager for quick success.
The only explanation may be that the Dream Fund is anxious to cash out, grow bigger, and want to expand globally.
Very wild at heart!!!
"We will not adopt equity buybacks this time. We will continue to follow the old rules and invite national teams such as China Investment, Lingnan Provincial Investment, and Binhai City Investment to jointly participate in this equity subscription," Zhang Shuo said.
This is what he promised his second uncle before.
While Dream Fund is reducing its holdings, it will share the Germination cake with more investment institutions to ensure that Germination's subsequent development can go smoothly.
Eliminate some invisible reefs.
Otherwise, even if Germination's management has been exemplary and has been hailed as the light of national trends, it will still face some obstacles, both overt and covert.
Be willing to give up, be willing to give up, and only when you are willing to give up can you gain something!
"Understood!"
Lu Kai is obviously also a smart man and thoughtful.
"In this equity subscription, only 9% will be allocated to the national team, and the remaining 1% of the equity in Germination will be used as a new round of equity incentives within Germination." Zhang Shuo once again made a shocking statement.
The so-called equity incentive allows employees of Sprout to subscribe for shares in Sprout at a valuation of 3.5 trillion.
You will definitely make money once you subscribe.
"Thank you, Chairman..."
At this time, even Lu Kai was a little uneasy and his lips almost trembled.
No wonder Lu Kai was so excited.
Because the facts are clear. As the president of Sprout Holdings, there is no doubt that Lu Kai will be the biggest beneficiary of this equity incentive, and will also truly use the equity in Sprout and become one of the "owners" of Sprout.
"Don't be in a hurry to thank me. This equity incentive will require you to spend a lot of money."
Looking at the excited executives, Zhang Shuo was also in a happy mood.
This was originally his decision to use 1% of the shares of Sprout as an equity incentive. One of the main purposes was to tie the management team of Sprout more deeply to the giant ship of Sprout.
Become the real owner of the sprout, instead of just a mere wage earner.
As for why he chose this time, Zhang Shuo also thought carefully because three years ago, in June 2013, Suya had already conducted a round of employee equity incentive plans.
What was taken out at that time was 15% of the equity of Qingcheng Group for three years.
Seeing that the last round of equity incentive period was about to expire, Zhang Shuo also launched a new round of equity incentive plan at the right time to attract talents from the past three years, including the next few years.
after all.
Compared with three years ago, the size of the Germination Department has more than doubled.
Similarly, although this equity incentive only holds 1% of the equity of Sprout Holdings, its overall value is as high as 35 billion, which is not lower than the 15% equity of Qingcheng Group.
Even more so.
Because the valuation of Qingcheng Group at that time was only 100 billion, its 15% equity value, which was 15 billion, was less than half of this equity incentive.
This is why Zhang Shuo said that Lu Kai and others are going to do a lot of blood this time. If Lu Kai wants to complete this equity subscription, he may have to spend more than half of his savings.
"It should."
However, Lu Kai and others were very happy with it and tried their best to complete the subscription.
Not to mention, the value of the stock after subscription will directly double. Even if it is held for a long time, the stock dividends received every year in the future will be a large amount.
Chapter completed!